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The Competition Economics of Financial Fair Play

By  |  March 20, 2014

Posted by Social Science Research Network

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    The Competition Economics of Financial Fair Play – Oliver Budzinski (Ilmenau University of Technology)

    ABSTRACT: This paper provides an economic analysis of the competition effects of UEFA’s financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant financial problems due to overinvestment are not inherent to European football.